Twilight star Michael Sheen reveals money woes after splashing out millions to clear other's debts
He has starred in huge movie franchises like The Twilight Saga and the action-packed Underworld movies, but his net worth is not as big as you might think.
The actor's net worth has been reported at anywhere between $8 million and $16 million, though he reveals in a recent interview that he doesn't have a lot of 'spare cash.'
He has put a lot of that fortune into worthy causes, including a recent TV show that helped over 900 real people escape the throes of debt.
The actor has also co-written a new children's book, a portion of the proceeds from which will be donated to charity.
'It's interesting when people talk about me as a multimillionaire. Because no — I don't have that much money,' he admitted in a new interview.
Who is this benevolent actor? It's none other than Michael Sheen, who opened up about his finances in a wide-ranging interview with The Times.
Who is this benevolent actor? It's none other than Michael Sheen, who opened up about his finances in a wide-ranging interview with The Times .-
'I mean, I have money compared to lots of people, but this is about juggling debt. I'm still paying off the Homeless World Cup,' he said.
Back in 2019, Sheen sold his homes to help fund the Homeless World Cup in Cardiff, when over 2 million pounds of funding fell through at the last moment.
He added, 'It's not like I have all this spare cash. And there are times I can put money into things and times when I can't.'
He also starred in Channel 4's Michael Sheen's Secret 1 Million Pound Giveaway, where he took 100,000 pounds of his own money and cleared over 1 million pounds of debt for over 900 people.
His upcoming children's book A Home for Spark the Dragon will raise one pound for each book sold for a homeless charity called Shelter.
Still, he admits, 'Well, I'm acutely aware there is a possibility that what I am doing causes more damage than good.'
He admitted, 'Because if you blunder in with good intentions but low knowledge into areas where people have all sorts of vulnerabilities, it might do harm. So I would not just try to get people to put money into things.'
'Most people I know, actors or anybody with money, do care, but not everyone has the same opportunity to engage in a way I do and so feel they might make an idiot of themselves. So I would hope that other people would get more involved, but I don't in any way judge people who don't,' Sheen admitted.
After National Theatre Wales lost over 1.6 million pounds of funding from Art Council Wales, Sheen stepped in to create the Welsh National Theatre.
'Arts Council Wales gave National Theatre Wales transitional funding to either wrap up or come up with a plan for the future. And that plan ended up being me running the new organisation,' Sheen explained.
'There was an argument if any of that transitional funding should come with us and that's now been resolved, so we will be in receipt of around £200,000. I am paying for everything else,' he added.
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